The Reserve Bank of Zimbabwe (RBZ) has shot down a proposal by ZESA Holdings for businesses to wholly pay electricity tariff in United States dollar following the government’s policy to…
Tag: Reserve Bank of Zimbabwe (RBZ)
IMF says it will not provide loans for Zimbabwe
The International Monetary Fund has ruled out providing financial assistance to Zimbabwe, following a staff mission to the country. The mission’s leader, Dhaneshwar Ghura, said the IMF was “precluded from…
Zimbabwe central bank raises policy rate to 200%
Reserve Bank of Zimbabwe The Reserve Bank of Zimbabwe ordered a 12,000 basis point increase in the policy rate on June 27, taking it to 200%. The RBZ’s monetary policy…
RBZ names and shames illegal money dealers
The Reserve bank of Zimbabwe (RBZ) in conjunction with the Financial Intelligence Unit (FIU) has exposed mobile phone and social media platform abusers who are involved in illicit foreign currency…